Navient
NAVI
242 hedge funds and large institutions have $1.57B invested in Navient in 2024 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 74 increasing their positions, 92 reducing their positions, and 33 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.57% less ownership
Funds ownership: 97.02% → 96.45% (-0.57%)
9% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 33
2% less funds holding
Funds holding: 247 → 242 (-5)
17% less capital invested
Capital invested by funds: $1.9B → $1.57B (-$333M)
20% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 92
73% less call options, than puts
Call options by funds: $8.14M | Put options by funds: $30.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.6M |
| 2 |
Goldman Sachs
New York
|
+$6.95M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.78M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.56M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$21.6M |
| 2 |
DSC
Donald Smith & Co
New York
|
-$12.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.77M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$5.21M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$4.42M |
NAVI Hedge Fund Activity: Q2 2024 in Review
242 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Navient (NAVI) for Q2 2024, worth a combined $1.57B — down 17% from $1.9B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of NAVI and 30 opened new positions — a net loss of 3 holders — while 92 trimmed existing stakes and 74 added.
The largest buyer was Fidelity Investments, adding an estimated $12.6M. The largest seller was Allianz Asset Management, cutting an estimated $21.6M.
- 242 institutional investors held Navient (NAVI) as of Q2 2024, down from 247 in Q1 2024.
- Funds reported $1.57B of Navient stock for Q2 2024, down 17% quarter-over-quarter.
- 30 funds opened new Navient positions in Q2 2024 and 33 closed out, a net change of -3 holders.
- The largest Navient buyer in Q2 2024 was Fidelity Investments, an estimated $12.6M added.
- The largest Navient seller in Q2 2024 was Allianz Asset Management, an estimated $21.6M sold.
Based on aggregated 13F filings for Q2 2024.